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Friday, May 24, 2002
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INDUSTRY & ECONOMY

ECONOMY


Steady growth in consumer durables output: Survey
THERE has been a steady growth in the production of consumer durables during April-March 2001-02 compared to the corresponding period in the previous year, according to the latest Ascon survey conducted by the Confederation of Indian Industry ... More

$6-b ADB aid for India in next 3 years
THE Asian Development Bank (ADB) has agreed to provide $6 billion assistance to India in the next three years (2003-05) as part of its medium term country assistance programme, making India by far the single largest borrowing country among its ... More

ENVIRONMENT


Beware of pollution from hi-tech gadgets
BEWARE! Pollution and junk disposal are now a real problem with hi-tech gadgets. Proliferation of mobile phones, PCs, laptops, fax machines, TVs etc. means, rising electronic wastes. Despite the development of `disposable mobile phone' in the ... More

  • TN: Waste management awareness drive

    FOREIGN TRADE


    Luxembourg keen to boost investments: Envoy
    ALTHOUGH bilateral trade between India and Luxembourg is tilted in favour of the latter, Luxembourg, a tiny country in the heart of Europe, is keen on boosting trade and investment volume with India, says the country's envoy to India, Mr Paul ... More

    Kyrghyzstan seeks packaging knowhow
    A HIGH-POWERED business delegation from Kyrghyzstan has sought the cooperation of the Indian business community in transferring the latter's technological expertise in the ``packaging'' area. Addressing the third meeting of India-Kyrghyzstan ... More

    Afghan Minister scouting for investments
    THE interim Government of Afghanistan is taking all efforts to create a conducive environment for the private sector to lend its critical support in reconstructing Afghanistan. This was stated by the visiting Finance Minister of Afghanistan, Mr ... More

    HEALTH


    More Canadian aid for TB control plan
    THE Canadian International Development Agency (CIDA) has provided additional funding of $5.2 million to the World Health Organisation (WHO) to support the Indian Government's revised national tuberculosis programme. This grant for a period of ... More

    PETROLEUM


    HPCL to set up four auto LPG stations
    HPCL retail outlets would also facilitate installation of the required conversion kits in vehicles. More

    POWER


    Grid failure hits western Maharashtra
    A GRID failure left suburban Mumbai and large parts of western Maharashtra and Goa power-less for about six hours this morning. Though supply was restored to most parts by around 2 p.m., some areas were still without power in the evening. ... More

  • Karnataka: Depts to settle KPTCL dues

    STEEL


    AP ferro alloys industry makes fresh plea to Govt
    WITH the Andhra Pradesh Government remaining firm on the issue of the hike in power wheeling charges and grid support costs announced by APTransco recently, the ferro alloy industry in the State, which has closed down operations from April 1 in ... More

    TEXTILES


    TN: FIR against textile mills for returns default
    EIGHTEEN textile mills in Tamil Nadu including 12 run under merchant-manufacturers (on job work basis) have been proceeded against by the Ministry of Textiles for failing to submit returns on their production including fulfilment of their hank ... More

    TYRES


    Tyre exports of ATMA member cos rise 6.03 pc
    TYRE exports by member companies of the Automotive Tyre Manufacturers' Association (ATMA) touched a level of Rs 883.26 crore during fiscal 2001-02, reflecting an increase of 6.03 per cent to the export level of Rs 833 crore registered by them ... More

    CARS


    April car sales pegged at 33,256
    STRONG sales of mid-size hatchbacks helped the country's passenger car sales in April 2002 reach 33,256 vehicles, data released on Thursday by the Society of Indian Automobile Manufacturers (SIAM) showed. According to a new style of ... More

    GEMS & JEWELLERY


  • Karnataka Govt firm on jewellery park

    INDUSTRY ASSOCIATIONS


  • TN: Joint panel of industrial unions formed

    KNITWEAR & HOSIERY


    Tirupur knitwear units form SPV for water project
    IT'S now time for the Tirupur-based knitwear manufacturers to form one more private company, even as they inch towards realising their dream project that would bring them the much-needed industrial water supply. The new company, Tirupur ... More

    DISINVESTMENT


    Bid for HPCL, BPCL -- Iffco-Kribhco combine ropes in Oman Oil
    INDIAN Farmers Fertiliser Cooperative Ltd (Iffco) and Krishak Bharati Cooperative Ltd (Kribhco) have roped in Oman Oil Company (OOC) as a partner for their proposed joint bid to acquire either of the two oil refining majors - Hindustan ... More

    No discount in Nalco equity sale
    THE Government will not offer any discount when it hawks 10 per cent of the equity in National Aluminium Company Ltd (Nalco) to institutional investors, high net worth individuals and retail investors domestically during the first stage of the ... More

  • Bids for Madhunagar unit

    RURAL DEVELOPMENT


    AP CM stresses district-level planning
    THE Andhra Pradesh Government has embarked on the process to drill down the planning, monitoring and administrative mechanism to the district level by making district as a distinct plan unit to help Government assess and analyse the progress and ... More

    TRADE & LABOUR UNIONS


    HMS opposes Somasundara Mills' VRS package
    THE Hind Mazdoor Sabha-affiliated Coimbatore District Textile Workers' Union (CDTWU) has opposed the changes introduced in the voluntary retirement scheme (VRS) for the workers of the Somasundara Mills owned by the NTC's Tamil Nadu subsidiary. ... More

    EVENTS


    RTA negotiations: Inputs sought from industry
    THE Government on Thursday invited ``strategic inputs'' from industry to help it navigate through the negotiating mandate that had been set on regional trade agreements (RTAs) under the Doha work programme of the World Trade Organisation ... More

  • Bangalore Engagements

    ECONOMIC OFFENCES


    Home Trade resorted to `window-dressing'
    HOME Trade Ltd had shown an artificial profit of about Rs 63 crore for the year 2000-01 by window-dressing accounts and reporting fake transactions in the shares of group company Ways India Ltd, the Investors' Grievances Forum (IGF) alleged on ... More

    CBI clamps down on another Customs official
    AFTER the arrest of the former Chairman of the Central Board of Excise and Customs Mr B.P. Verma, last year, and the former Chief Commissioner Excise, Mr Someshwar, this year, on charges of graft, the Central Bureau of Investigation (CBI) today ... More


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  • Top Stories
    Beware of pollution from hi-tech gadgets


    IOC to divest stake in ONGC, GAIL -- Over Rs 2,500-cr gain seen

    Firm trend seen in bullion

    Steady growth in consumer durables output: Survey

    Grid failure hits western Maharashtra

    Is India having an El Nino summer?

    Indian Bank posts net profit after six years

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    May. 12-May. 18
    `CAG audit failed to detect misuse of seamen fund'

    Flex Industries imbroglio -- Opposition MPs bay for Sinha's blood

    Gond used wife's cos to launder kickbacks

    Overseas investment will boost MFs: Report

    Suzuki to take wheel at Maruti: Rights issue at Rs 3,280 a share

    Sinha denies links with Flex chief: `It was a routine, transparent transaction'

    Maruti: Govt assured of Rs 1,424 cr mop-up from public issue

    Guindy estate: Mirroring the decline of SSIs

    Urea policy approved: Net impact on industry at Rs 1,033 cr

    `Arbitrary' domestic pricing: Urea units look abroad for cheaper naphtha

    Home Trade bank accounts sealed


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